{"id":44576,"date":"2019-12-03T00:00:00","date_gmt":"2019-12-02T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/three-hills-compra-parte-de-goal-systems\/"},"modified":"2025-03-12T14:26:14","modified_gmt":"2025-03-12T13:26:14","slug":"three-hills-compra-parte-de-goal-systems","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/three-hills-compra-parte-de-goal-systems\/","title":{"rendered":"THREE HILLS BUYS PART OF GOAL SYSTEMS"},"content":{"rendered":"<p style=\"text-align: justify;\">Three Hills Capital Partners is a British private equity firm, which has recently invested in the Spanish company Goal Systems, specialised in the development of software for the transport industry.<\/p>\n<p style=\"text-align: justify;\">In this way, it is clearly stepping up its commitment to Spain.<\/p>\n<p style=\"text-align: justify;\">The operation was carried out by the <a href=\"https:\/\/techma.bakertilly.es\/en\/acquiere-a-company-2\/\">procurement<\/a> of a \u20ac45m minority stake.<\/p>\n<p style=\"text-align: justify;\">Different types of software and their respective developments are becoming an essential part of today's businesses.<\/p>\n<p style=\"text-align: justify;\">Among them is software for the transport industry, as can be seen in the movements it generates in the sector's corporate finances.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"CONOCIENDO_A_THREE_HILLS_CAPITAL\"><\/span>GETTING TO KNOW THREE HILLS CAPITAL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">It is a private equity firm founded in 2013 and based in the UK.<\/p>\n<p style=\"text-align: justify;\"><strong>It specialises in offering hybrid financing to companies.<\/strong><\/p>\n<p style=\"text-align: justify;\">Three Hills Capital Partners se orienta a grupos dirigidos por emprendedores, que, adem\u00e1s de capital, buscan un socio que les apoye en la gesti\u00f3n e impulso de proyectos concretos.<\/p>\n<p style=\"text-align: justify;\">These partners should also aim to retain control and reduce the dilution that occurs when a conventional private equity fund enters the shareholding.<\/p>\n<p style=\"text-align: justify;\">Last October, <a href=\"https:\/\/techma.bakertilly.es\/en\/acquiere-a-company-2\/\">acquired<\/a> a minority stake in the Spanish company <a href=\"https:\/\/www.goalsystems.com\/\" target=\"_blank\" rel=\"noopener\">Goal Systems<\/a>thanks to an investment of <strong>45M\u20ac<\/strong>.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"SEGUNDA_OPERACION_EN_ESPANA\"><\/span>SECOND OPERATION IN SPAIN<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">This is the second time Three Hills Capital has completed a transaction in Spain.<\/p>\n<p style=\"text-align: justify;\">Debuted in 2016 with investment in laser delation and aesthetic medicine clinics. <a href=\"https:\/\/pelostop.es\/\" target=\"_blank\" rel=\"noopener\">Pelostop<\/a>.<\/p>\n<p style=\"text-align: justify;\">With this new operation, the fund manager is embarking on a renewed strategy and intensifying its focus on the Spanish market.<\/p>\n<p style=\"text-align: justify;\">En \u00e9l, precisamente, donde prev\u00e9 aumentar sus <a href=\"https:\/\/techma.bakertilly.es\/en\/merger-and-acquisition-m-a\/\" target=\"_blank\">mergers and acquisitions<\/a> en los pr\u00f3ximos meses.<\/p>\n<p style=\"text-align: justify;\">This interest in becoming strong in Spain includes the possibility of opening a future new base in Madrid.<\/p>\n<p style=\"text-align: justify;\">Everything will depend on the evolution of the project, as for the moment all efforts are focused on the imminent opening of the Milan office.<\/p>\n<p style=\"text-align: justify;\">In order to complete these Spanish transactions, it still has 80% of the commitments raised with its third fund, raised earlier this year with a \u20ac450M purse.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"ASESORAMIENTO\"><\/span>ADVICE<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">The shareholders of Goal Systems were advised in the transaction by <a href=\"http:\/\/www.v4financialpartners.com\/\" target=\"_blank\" rel=\"noopener\">V4 Financial Partners<\/a>advisors of <a href=\"https:\/\/techma.bakertilly.es\/en\/merger-and-acquisition-m-a\/\" target=\"_blank\">M&amp;A transactions<\/a> and <a href=\"https:\/\/techma.bakertilly.es\/en\/merger-and-acquisition-m-a\/\" target=\"_blank\">mergers and acquisitions<\/a>, y <a href=\"https:\/\/www.eversheds-sutherland.com\/global\/en\/where\/europe\/spain\/-es\/index.page\" target=\"_blank\" rel=\"noopener\">Eversheds<\/a>.<\/p>\n<p style=\"text-align: justify;\">For its part, THCP was advised by <a href=\"https:\/\/www.cuatrecasas.com\/\" target=\"_blank\" rel=\"noopener\">Cuatrecasas<\/a>, <a href=\"https:\/\/www.ey.com\/es\/es\/home\" target=\"_blank\" rel=\"noopener\">Ernst &amp; Young<\/a> y AT Kearney.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"%C2%BFQUIEN_ES_GOAL_SYSTEMS\"><\/span>WHO IS GOAL SYSTEMS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Goal Systems is a company based in Madrid.<\/p>\n<p style=\"text-align: justify;\"><strong>One of the world's leading providers of state-of-the-art optimisation software for the public transport industry.<\/strong>.<\/p>\n<p style=\"text-align: justify;\">It develops and implements IT systems, using advanced optimisation techniques to achieve the highest profitability, competitiveness and sustainability of its clients' businesses.<\/p>\n<p style=\"text-align: justify;\">It will do so through optimal programming and sizing of resources.<\/p>\n<p style=\"text-align: justify;\">It has contracts in more than 25 countries in Europe, Latin America, the Middle East and Asia, and has provided services to some of the world's largest transport companies, such as Renfe and Alsa Group, among others.<\/p>\n<p style=\"text-align: justify;\">Thanks to this majority acquisition by THCP, the firm will be able to accelerate its growth.<\/p>\n<p style=\"text-align: justify;\">As\u00ed mismo, tambi\u00e9n permitir\u00e1 una inversi\u00f3n adicional en sus capacidades tecnol\u00f3gicas y facilitar\u00e1 la realizaci\u00f3n de <a href=\"https:\/\/techma.bakertilly.es\/en\/merger-and-acquisition-m-a\/\" target=\"_blank\">mergers and acquisitions<\/a> seleccionadas.<\/p>","protected":false},"excerpt":{"rendered":"<p>We analyse from a corporate finance perspective the minority investment acquired by private equity firm Three Hills Capital Partners in Goal Systems for \u20ac45m.<\/p>","protected":false},"author":4,"featured_media":44577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1751],"tags":[152,155,153],"sectores":[],"tipo-contenido":[2260],"class_list":["post-44576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-adquisiciones-mas-relevantes","tag-compra-de-empresas","tag-corporate-finance-spain","tag-global-corporate-finance","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=44576"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media\/44577"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=44576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=44576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=44576"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=44576"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=44576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}